2875 Main St - Drug Store FOR SALE


Susanville, CA 96130
$4,805,000 USD
559-650-1316
2875 Main St, Susanville, CA for Sale
$4,805,000 USD
Drug Store - FOR SALE
1/6
null | 7.5% Cap Rate

2875 Main St
Susanville, CA 96130


HIGHLIGHTS

  • Absolute NNN Corporate Lease | No Landlord Responsibilities
  • Investment Grade Corporate Tenant | S&P Rated: BBB-
  • Build-to-Suit Free Standing Prototype Construction with Drive-Thru Lane
  • Positioned on an Oversized 1.47 Acre Parcel with a Large Pylon Sign
  • Signalized Hard Corner | Over 20,000 ADT | Across from Wal-Mart Supercenter

OVERVIEW

Commercial Retail Associates, Inc. is pleased to have been selected as the exclusive listing agent for the sale of this ±14,739 square foot free-standing building leased to Walgreens and located at the signalized corner of Main Street and Fairgrounds Road in Susanville, California. The subject property is well positioned directly along Main Street (State Highway 36) a strategic highway and commercial thoroughfare bisecting the City of Susanville and joining State Highway 395 to the south and to the north State Highway 139 connecting to surrounding communities and recreational landmarks. This offering presents an investor with an opportunity to acquire an attractive, well-constructed property that is leased to a corporate, investment grade tenant.

FOR SALE DETAILS

PRICE

$4,805,000 USD

PRICE/SF

$326 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens | 7.50% CAP | Absolute NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.47 AC

LAND SF

64,033 SF

ZONING

-

APN/PARCEL ID

105-310-015-000

ASK ABOUT THIS PROPERTY

Bryan CifranicCommercial Retail AssociatesMore Info
559-650-1316

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Bryan CifranicCommercial Retail AssociatesMore Info
559-650-1316

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.